The Forster Muhlenkamp Foundation
The Forster Muhlenkamp Foundation is a private foundation, based in Ponte Vedra Beach, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $280K in total assets. In 2025, it awarded 4 grants totaling $18K. Net investment income was $3K.
Key facts about The Forster Muhlenkamp Foundation
In short: The Forster Muhlenkamp Foundation gave $18K across 4 grants in 2025 (avg $5K), mostly in Alabama. Source: 2025 IRS Form 990-PF.
- EIN
- 87-6876764
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $18,100
- Grants made (2025)
- 4
- Average grant
- $4,525
- Median grant
- $3,000
- Total assets
- $280,012
- Primary geography
- Alabama (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$280K
-4.0% YoY
Annual Giving
$18K
+1.7% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$5K
-23.7% YoY
Under IRS private-foundation payout rules, The Forster Muhlenkamp Foundation reported a distributable amount of $17K for 2025 — the minimum it must pay out in qualifying distributions.
How The Forster Muhlenkamp Foundation gives
- In 2025 it paid out 111% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $8K (2023) to $18K (2025). In 2025 it made 4 grants totaling $18K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Kulture City ($12K). Together the top 4 received $18K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Kulture City Birmingham, AL | General Fund | $12,000 |
| Childrens Harbor Eclectic, AL | General Fund | $5,000 |
| Overland Missions Orange Beach, AL | Ministry Assignment | $1,000 |
| Lake Martin Resource Association Alexander City, AL | Annual Fund Raising | $100 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $280,012 | $291,782 | $305,281 |
| Revenue | $6,975 | $5,681 | $142,850 |
| Expenses | $18,745 | $19,180 | $9,148 |
| Qualifying Distributions | $18,745 | $19,180 | $8,380 |
| Net Investment Income | $3,118 | $3,261 | $12,209 |
| Distributable Amount | $16,904 | $16,902 | $15,402 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 26, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
The Forster Muhlenkamp Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Caroline E. Muhlenkamp
Trustee
On filings since 2021
No compensation reported
Matthew N. Muhlenkamp
Trustee
On filings since 2021
No compensation reported
Peter H. Forster
Trustee
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Forster Muhlenkamp Foundation
How much does The Forster Muhlenkamp Foundation give each year?
The Forster Muhlenkamp Foundation gave $18K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $18K across 3 grants.
What is The Forster Muhlenkamp Foundation's typical grant size?
The Forster Muhlenkamp Foundation's median grant in 2025 was $3,000, and its average grant was $4,525, across 4 grants on its 2025 IRS Form 990-PF.
Where does The Forster Muhlenkamp Foundation give grants?
The Forster Muhlenkamp Foundation gives mostly in Alabama: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does The Forster Muhlenkamp Foundation give general operating support?
Yes: 75% of The Forster Muhlenkamp Foundation's 2025 grants with a stated purpose (3 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is The Forster Muhlenkamp Foundation?
The Forster Muhlenkamp Foundation reported $280K in total assets on its 2025 IRS Form 990-PF. It paid out $19K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets).
What is The Forster Muhlenkamp Foundation's EIN?
The Forster Muhlenkamp Foundation's EIN (Employer Identification Number) is 87-6876764. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Forster Muhlenkamp Foundation by hand.
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